Business Cards Amortization by wos14039

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									                                  Business Math
                                 Business Administration 112
                               Fall 2009            5 Credits




                    Using                           Course Code: UEPLY-PGEMH
Instructor: Krista Mahan, Office #24             E-mail: Use the Aleks message board
            Office Phone: 527-4233                or     Krista.mahan@wwcc.edu

Texts:        Instead of a textbook you will purchase an ALEKS Access Code and User
              Guide. This will give you access to the Aleks learning system. You can
              print materials from Aleks if you want hard copies.

Learning Method: ALEKS is an online system for the learning of mathematics. You
will work in an interactive learning environment on precisely those materials that you
are ready to learn, building momentum toward mastery.

Class Time: You decide the time and place -- Work on Aleks according to your own
schedule; wherever internet access is available. Be prepared to put in the same
amount of time you would if you were taking the lecture-based class – approximately 70
hours for the “average” person. I would recommend you start with 7 hours a week
and then adjust the time as needed. You are responsible for your learning and putting
in the time it takes to learn the material! If you are putting in less than 4 hours a week,
you are in danger of failing!

Assistance: Four methods (first two are best choice)
 Use Aleks Message Board to contact me or ask a question. I respond to messages
  at least twice a day.

 Come on in to our “Live” Help Hours in room 201:
                8:30        9:30        10:30      11:30             12:30         1:30
  Mon.       Dorothy Dorothy                     Dorothy           **K in 202   Krista
  Tue.                   Dorothy     Dorothy     Dorothy           **K in 202   Krista
  Wed.       Dorothy Dorothy                     Dorothy           **K in 202   Krista
  Thurs.     Dorothy Dorothy                     Dorothy           **K in 202   Krista
  Fri.                   Dorothy     Dorothy     Dorothy           **K in 202   Krista

Use WWCC Math lab open Monday - Thursday from 7:30–4:00 & Sunday 1:00-5:00

 Use WWW.eTutoring.org to get live one-on-one help
Grading:     Your grade will be determined by the percentage of course material
you are able to successfully master by the end of the quarter. (There is also a
time commitment quota– see next page.)

Aleks gives you two kinds of assessments.
   I.     Pre-assessments are designed to find out what you already know. You will
          take a preassessment on the first day and again periodically throughout the
          class as you start new units. By giving you pre-assessments, Aleks gives
          you credit for what you already know and presents material you need to learn
          in an order you are ready for.

   II.     Learning assessments are automatically scheduled after 20 new items have
           been completed in learning mode (but no sooner than five Aleks hours after
           the last assessment). If you do not pass a calculation on an assessment,
           Aleks will return you to learning mode for that calculation and you can try
           again on the next assessment. It does not negatively affect your grade. The
           idea is for you to keep relearning it until you’ve got it down and can pass it on
           an assessment.

Learning assessments must be taken in a supervised setting. (Bring ID)
Time/Place Options:
    Use the Testing Center. Check in at Student Development (Times in red below)
      This is the best place as it is quiet.

    Use Help Hours lab and let Krista or Dorothy know you are taking an
     assessment. (Times in blue below). Not as good as testing center as the
     classroom can be disruptive to your concentration.


         8:00   9:00   10:00   11:00   12:00   1:00   2:00   3:00   4:00   5:00   6:00   7:00   8:00
Mon
Tue
Wed
Thurs
Fri

You may bring a calculator and blank scratch paper but no notes are allowed on the
assessment. Failure to take an assessment in a supervised setting will result in a
percentage deduction from your final grade, equivalent to half the percentage gained by
taking the assessment.

To Check your Progress
To see your current progress at any time, click on Reports and scroll to the very bottom
of the screen page. There you will see your progress bar. The blue indicates
everything you have passed in assessments to date. The grading scale shown on the
next page applies to this blue bar. For example, when the blue bar reads 85% you have
earned a “B.” Adjustments to your grade will be made based on additional progress
made in the learning mode shown in green on your bar. You will receive credit for only
half of the green bar since it has not been passed in assessment. For example, if on
the last day of class your blue bar reads 85% and the yellow bar reads 10% you would
earn a B+ (85% + 5%). If you have questions at any time concerning your grade, send
me a message through the message board or see me during my help hours and I’ll
show you.

Grading Scale:
97 - 100% = A        89 - 92% = B+        77 – 79% = C+        67 – 69% = D+
93 – 96% = A-        85 - 88% = B         73 – 76% = C         60 – 66% = D
                     80 – 84% = B-        79 – 72% = \c-

In addition to your progress, I receive the following information on your work: Dates of
log-in, total hours spent on the system, average number of items gained per hour and
per week, etc.

Time Commitment
You are required to put in a minimum of four hours per week until finished. Any week
that you fail to put in four hours will result in the deduction of 5% from your final score.
If you have special circumstance that prevents you from putting in the hours, I will waive
this requirement one time only if you contact me and explain. There are two reasons for
this requirement:
       1. Your own safety. This keeps you from putting it off and then failing.
       2. Prevents you from cramming it all into short-term memory at the end of the
           quarter – you want to remember this material!

Progress Calendar to approximate how you are doing. (Use Blue bar + half of yellow)
                   _A_         _B_         _C_          _D_
End of Week 1      10%         8%          7%            6%
End of Week 2      20%         17%         14%          12%
End of Week 3      30%         25%         22%          18%
End of Week 4      40%         34%         29%          24%
End of Week 5      50%         42%         38%          30%
End of Week 6      60%         50%         45%          36%
End of Week 7      70%         58%         53%          42%
End of Week 8      80%         67%         60%          48%
End of Week 9      90%         75%         68%          54%
End of Week 10     97%         85%         75%          60%

Finals: No formal final. You can continue working until Midnight on Wed. Dec. 9 th.

Suggestions for Success:
1. Work for 40 – 60 minutes at a time. Don’t try to complete in marathon sessions.
   Goal is around 7 hours a week.
2. Put in the necessary time. Lecture students spend 70-100 hours in a quarter
   between class, homework and studying.
3. Concentrate on what you are doing. If you go into “automatic pilot” you may not
   remember what you did come assessment time.
4. Come in for help when needed!
Outcomes: This course develops competency in common business calculations broken
down into five categories:

   I.      Mathematic Foundations: whole numbers, decimals, and business statistics.

   II.     Percents and their applications:
            Percent conversions and solving for portion, base, and rate
            Invoicing with single and chain trade discounts
            Cash discounts: ordinary, ROG and EOM
            Markups on cost/selling price and Markdowns
            Payroll including overtime, commission, FICA, and fed tax withholding
            Sales, Excise and Property Tax

   III.    Interest:
            Simple interest and maturity value using exact and ordinary methods
            Solving for principal, rate, or time
            Promissory notes, simple discount notes and the discount process
            Discounting an interest-bearing note before maturity
            Compound Interest for annual, semiannual, quarterly, daily compounding
            Nominal interest rate versus annual percentage yield
            Annuities and sinking funds
            Installment buying, Rule of 78 and Revolving Charge Credit Cards

   IV.    Personal Finance:
            Banking: Checking account and reconciliation
            Home Ownership: Mortgage , total interest cost, amortization schedule
            Life, Fire and Auto Insurance

   V.     Business Finance:
            How to read, analyze, and interpret financial reports
            Depreciation: straight-line, units-of-production, declining-balance and
               modified accelerated cost recovery system
            Inventory and Overhead: weighted average, FIFO, LIFO, Retail, gross
               profit, turnover and distribution.
ARR Business Math – Checking for Understanding
I understand that:

 Learning assessments must be taken in a supervised setting either with Krista
during help hours or at the testing center with Cheryl.

 It is my responsibility to seek help when needed either by contacting Krista through
the message board or coming in during available help hours.

 Although it is recommended that I work 7 hours a week; there is a minimum time
commitment of 4 hours per week until I am finished. I understand that 5% will be
deducted from my final grade for any/every week that I do not put in the required four
hours. (You get one “waiver” on this).


                                  ___________________________________________
                                  Student Signature

----------------------------------------------------------------------------------------------------------------

Instructor Copy: (Turn in at orientation)

ARR Business Math – Checking for Understanding
I understand that:

 Learning assessments must be taken in a supervised setting either with Krista
during help hours or at the testing center with Cheryl.

 It is my responsibility to seek help when needed either by contacting Krista through
the message board or coming in during available help hours.

 Although it is recommended that I work 7 – 10 hours a week; there is a minimum
time commitment of 4 hours per week until I am finished. I understand that 5% will be
deducted from my final grade for any/every week that I do not put in the required 4
hours.


                                  ___________________________________________
                                  Student Signature

								
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